Common use of ISM Code and ISPS Code compliance Clause in Contracts

ISM Code and ISPS Code compliance. On or before the Delivery Date, all requirements of the ISM Code and the ISPS Code as they relate to the Borrower, the Corporate Guarantor, the Approved Manager and the Ship have been complied with.

Appears in 3 contracts

Samples: Loan Agreement (EuroDry Ltd.), Loan Agreement (EuroDry Ltd.), Loan Agreement (Euroseas Ltd.)

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ISM Code and ISPS Code compliance. On or before the Delivery Date, all All requirements of the ISM Code and the ISPS Code as they relate to the Borrower, the Corporate GuarantorBorrowers, the Approved Manager and the Ship Ships have been or, will be, on or before the Delivery Date of the relevant Ship, complied with.

Appears in 3 contracts

Samples: Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.), Loan Agreement (Box Ships Inc.)

ISM Code and ISPS Code compliance. On or before the Delivery Date, all All requirements of the ISM Code and the ISPS Code as they relate to the Borrower, the Corporate Guarantor, the Approved Manager and the Ship have will on or prior to the Drawdown Date has been complied with.

Appears in 1 contract

Samples: Loan Agreement (Euroseas Ltd.)

ISM Code and ISPS Code compliance. On or before the Delivery Date, all All requirements of the ISM Code and the ISPS Code as they relate to the Borrower, the Corporate GuarantorBorrowers, the Approved Manager Managers and the Ship Ships have been or, will be, on or before the Delivery Date of the relevant Ship, complied with.

Appears in 1 contract

Samples: Loan Agreement (Poseidon Containers Holdings Corp.)

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ISM Code and ISPS Code compliance. On or before the Delivery Date, all All requirements of the ISM Code and the ISPS Code as they relate to the Borrower, the Corporate GuarantorBorrowers, the Approved Manager and the Ship Ships have been or, will be, on or before the elivery Date of the Relevant Ship, Complied with. All requirements of the ISM Code and the ISPS Code as they relate to the Borrowers, the Approved Manager and the Ships have been or, will be, on or before the Delivery Date of the relevant Ship, complied with.

Appears in 1 contract

Samples: Loan Agreement (Box Ships Inc.)

ISM Code and ISPS Code compliance. On or before Following the Delivery Date, all requirements of the ISM Code and the ISPS Code as they relate to the Borrower, the Corporate GuarantorTechnical Manager (if any), the Approved Manager Charterer and the Ship Vessel have been complied withwith in all material respects.

Appears in 1 contract

Samples: Assignment Agreement (Helix Energy Solutions Group Inc)

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